The appreciation of the challenges facing our economic recovery with a resurgent pandemic recalls pre-election hopes for fiscal stimulus legislation.

"Hardship withdrawl" is not an easy election to make, so consider your retirement contributions as being stuck in the account until age 59 1/2.A more realistic approach to reaching your goal may be to use the BRRRR method to incrementally build monthly cashflow and use equity from each home's renovations to refinance on an additional property, and repeat until you get up to your monthly cash flow goal.Feel free to message with additional questions.

From a Tax planning perspective it is always best to use (or elect- explained below) the borrowed fund in the operation of the business to get the full deduction.

I bet that’s actually what the police meant—they aren’t going to get involved in lease disputes especially with parents and kids and it’s not on them to decide who is a legal tenant.This also gives the parents an excuse to kick the kids out because of the “mean landlord.”And it firmly makes it there problem more than yours.

It’s just meant for someone else.

And what if the borrower elected to do the 3 month extension? 

Now, perhaps I misunderstood and he meant you could put it back in the way of a contribution which has that annual maximum, but he works for Edward Jones and hasn't steered me wrong thus far.

Will be shopping for new Mortgages in 2021 that offer something more like the REMIC tax election.

It was more meant to be a sketch. 

You made it sound like what you meant was dad puts up 100% buys place you get 50% equity for managing it.